Electronics Mart India Limited
Sundaram Mutual Fund's 1.16 percent stake in Electronics Mart India Limited is no longer listed in the latest filing, indicating that Sundaram Mutual Fund either exited completely or reduced its holding below the 1 percent reporting threshold.
India's fourth-largest consumer durable and electronics retailer, Electronics Mart operates an extensive retail network selling large appliances, mobiles, small appliances, and IT products across multiple categories. Founded in 1980, the company offers over 6,000 stock keeping units from more than 70 leading consumer durable and electronic brands, providing customers with a comprehensive range of home appliances and consumer electronics through its established presence.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.